The Wirtualna Polska Holding S.A. (WSE:WPL) Second-Quarter Results Are Out And Analysts Have Published New Forecasts

It's been a good week for Wirtualna Polska Holding S.A. (WSE:WPL) shareholders, because the company has just released its latest second-quarter results, and the shares gained 6.5% to zł99.00. Results were roughly in line with estimates, with revenues of zł381m and statutory earnings per share of zł5.56. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for Wirtualna Polska Holding

Taking into account the latest results, the most recent consensus for Wirtualna Polska Holding from four analysts is for revenues of zł1.57b in 2024. If met, it would imply a modest 4.8% increase on its revenue over the past 12 months. In the lead-up to this report, the analysts had been modelling revenues of zł1.58b and earnings per share (EPS) of zł6.89 in 2024. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.

There's been no real change to the consensus price target of zł128, with Wirtualna Polska Holding seemingly executing in line with expectations. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Wirtualna Polska Holding, with the most bullish analyst valuing it at zł145 and the most bearish at zł115 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Wirtualna Polska Holding's revenue growth is expected to slow, with the forecast 9.9% annualised growth rate until the end of 2024 being well below the historical 20% p.a. growth over the last five years. Compare this to the 6 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 9.6% per year. So it's pretty clear that, while Wirtualna Polska Holding's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The clear take away from these updates is that the analysts made no change to their revenue estimates for next year, with the business apparently performing in line with their models. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at zł128, with the latest estimates not enough to have an impact on their price targets.

We have estimates for Wirtualna Polska Holding from its four analysts out to 2026, and you can see them free on our platform here.

You can also see whether Wirtualna Polska Holding is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.

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